Economy

Economy October 3, 2016 | 11:41 am

Dominican Republic banks post robust Q2 figures

Santo Domingo..- Dominican Republic’s banks closed thesecond quarter with high solvency, reduced past due loans –NPL-, and high financialstrength, the Commercial Banks Association (ABA) says in a report using officialfigures.

It said solvency in the first eight months was 15.5%, or 55%above the Monetary and Financial Law’s provisions. “This is an outcome linkedto increased technic... Read more

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